NOT LISTED FOR SALE

724 Spruce St Collingdale, PA 19023

Estimated Value: $286,000 - $367,000

-- Bed
3 Baths
2,712 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $225,000 $83 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,283/month

Highlights

  • 1 Car Attached Garage
  • 3-minute walk to North Street
  • 4-minute walk to Westmont Park
  • Hot Water Heating System
  • Property is in excellent condition

About This Home

As of December 2021

Back on market due to no mortgage commitment.

Wonderful Investment option.. Great triplex - fully rented. All units have Separate gas and electric setup. Coin operated Laundry room for tenants in basement. Beautiful Backyard , front yard garden and garage (currently used by 1st floor tenant). Landlord pays only water expenses.

Rent well below market value but currently:
1st floor unit: rent for $900/mo. 2 bedroom, huge bathroom, kitchen and personal laundry room with washer and dryer. New gas stove in 2016, new ceiling renovated 2020. new carpet March 2021. Recently renovated with Laminate floors in front bedroom, entrance and kitchen in 2017.

2nd floor: rents for $650/mo. Long-standing Tenant for past 21 years with on time rent payments, never late! 2 bedroom unit.
New ceiling installed 2020. New electric stove July 2021

3rd floor : Jr 1 bedroom apt. rents $600/ mo. New electric stove July 2021. Apartment updated.

Quite neighborhood and great location!

Tenants are interested in staying!

Leases are month to month.

No showings after 4pm

Collingdale does not include tax bill. Trash and sewer are paid by owner.

Last Agent to Sell the Property

Jack Gallagher

(503) 542-5879 jgallagh6@aol.com Long & Foster Real Estate, Inc. Listed on: 09/17/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Yvette Roundtree

(267) 408-6072 yvetteroundtree@kw.com Keller Williams Main Line License #RS352483

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,008 Sq Ft Lot
  • Lot Dimensions are 37.00 x 125.00
  • Property is in excellent condition

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • 2,712 Sq Ft Home
  • Triplex

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

Additional Features

  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Home warranty included in the sale of the property
  • The owner pays for water
  • Tax Lot 090-000
  • Assessor Parcel Number 11-00-02655-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Exclusions: Tenants personal belongings
  • Home Warranty: Yes
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Back on market due to no mortgage commitment. Wonderful Investment option.. Great triplex - fully rented. All units have Separate gas and electric setup. Coin operated Laundry room for tenants in basement. Beautiful Backyard , front yard garden and garage (currently used by 1st floor tenant). Landlord pays only water expenses. Rent well below market value but currently: 1st floor unit: rent for $900/mo. 2 bedroom, huge bathroom, kitchen and personal laundry room with washer and dryer. New gas stove in 2016, new ceiling renovated 2020. new carpet March 2021. Recently renovated with Laminate floors in front bedroom, entrance and kitchen in 2017. 2nd floor: rents for $650/mo. Long-standing Tenant for past 21 years with on time rent payments, never late! 2 bedroom unit. New ceiling installed 2020. New electric stove July 2021 3rd floor : Jr 1 bedroom apt. rents $600/ mo. New electric stove July 2021. Apartment updated. Quite neighborhood and great location! Tenants are interested in staying! Leases are month to month. No showings after 4pm Collingdale does not include tax bill. Trash and sewer are paid by owner.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Total Sq Ft: 2712
  • Living Area Sq Ft: 2712
  • Price Per Sq Ft: 82.96
  • Above Grade Finished Sq Ft: 2712
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 724

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available
  • Water Source: Public

Schools

  • School District: SOUTHEAST DELCO
  • School District Key: 300200397361
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 124310.00
  • Land Assessed Value: 22990.00
  • Land Use Code: R-30
  • Lot Size Acres: 0.09
  • Lot Dimensions: 37.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4008.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: APARTMENTS

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Water
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 424392
  • School Tax: 4433.00
  • Tax Annual Amount: 6247.00
  • Assessor Parcel Number: 11-00-02655-00
  • Tax Lot: 090-000
  • Tax Total Finished Sq Ft: 2712
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/03/2021

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: SOUTHEAST DELCO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Dec 3, 2021
Sold by
Vidal Taimeka
Bought by
Booth Stephanie
Seller's Agent
Jack Gallagher
Long & Foster Real Estate, Inc.
Buyer's Agent
Yvette Roundtree
Keller Williams Main Line
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$325,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,652
Avg. Annual Appreciation
10.05%
Original Mortgage
$168,750
Outstanding Balance
$155,164
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$170,488

Purchase Details

Listed on
Mar 2, 2016
Closed on
Jul 13, 2016
Sold by
Roberts Paul T and Roberts Mildred J
Bought by
Vidal Tameka
Seller's Agent
Al Rappa
Micozzie Real Estate
Buyer's Agent
Jack Gallagher
Long & Foster Real Estate, Inc.
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$147,283
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2003
Sold by
Roberts Richard D and Roberts Emma M
Bought by
Roberts Paul T and Roberts Mildred J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Booth Stephanie $225,000 None Available
Vidal Tameka $150,000 Attorney
Roberts Paul T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booth Stephanie $168,750
Previous Owner Vidal Tameka $147,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $225,000 0.0% $83 / Sq Ft
11/01/2021 11/01/21 For Sale $225,000 0.0% $83 / Sq Ft
10/30/2021 10/30/21 Off Market $225,000 -- --
10/29/2021 10/29/21 For Sale $225,000 0.0% $83 / Sq Ft
10/28/2021 10/28/21 Off Market $225,000 -- --
09/22/2021 09/22/21 Price Changed $230,000 0.0% $85 / Sq Ft
09/22/2021 09/22/21 For Sale $230,000 +2.2% $85 / Sq Ft
09/21/2021 09/21/21 Off Market $225,000 -- --
09/17/2021 09/17/21 For Sale $215,000 +43.3% $79 / Sq Ft
07/13/2016 07/13/16 Sold $150,000 -9.1% $55 / Sq Ft View Prior Sale
05/06/2016 05/06/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $165,000 -- $61 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,671 $147,300 $22,990 $124,310
2024 $6,671 $147,300 $22,990 $124,310
2023 $6,494 $147,300 $22,990 $124,310
2022 $6,247 $147,300 $22,990 $124,310
2021 $8,604 $147,300 $22,990 $124,310
2020 $4,776 $75,140 $18,940 $56,200
2019 $4,604 $75,140 $18,940 $56,200
2018 $4,502 $75,140 $0 $0
2017 $4,418 $75,140 $0 $0
2016 $412 $75,140 $0 $0
2015 $412 $75,140 $0 $0
2014 $412 $75,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2007808

Bright MLS

APN: 11-00-02655-00